Thursday 15 February 2018

Dip in food, fuel prices eases January's WPI inflation-The Total Investment & Insurance Solutions

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15 February  2018
 
WPI (The Total Investment & Insurance Solutions)
A dip in food and fuel prices decelerated the rise in India's annual rate of inflation based on wholesale prices to 2.84 per cent in January, official data showed on Thursday. The Total Investment & Insurance Solutions

According to the wholesale price index (WPI) data furnished by the Ministry of Commerce and Industry, the rate of inflation had risen by 3.58 per cent in December 2017 and 4.26 per cent during the corresponding month of last year.


On a sequential basis, the expenses on primary articles, which constitute 22.62 per cent of the WPI's total weightage, edged higher by 2.37 per cent, from an increase of 3.86 per cent in December 2017.The Total Investment & Insurance Solutions

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